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406 E Palermo Dr; Meridian, ID Property Details

406 E Palermo Dr, Meridian, ID is a Single Family that was built in 2017. This property is currently a cash purchase and is not for sale. Our records show that 406 E Palermo Dr has 3 bedrooms, and 2 bathrooms, and a total of 2,641 square feet. The lot size of 406 E Palermo Dr is 9,148 square feet.

Off market
406 E Palermo Dr Meridian, ID 83642
$620,000 Listing Price
3 Beds
2 Baths
2,641 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 2017
  • Est. Equity / %: $822,000 / 100%
  • Gross Yield: 5.619%
  • APN: R1322250340
  • Situs County: Ada
  • Length Of Ownership: 5 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Stories: 1
  • Exterior Wall Type: Wood
  • Building Condition: Very Good
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 2,641/SqFt
  • Lot: 9,148/SqFt
  • Gross: 3,741/SqFt
  • Garage: 851/SqFt
  • Living: 2,641/SqFt
  • Building: 3,492/SqFt
  • Ground: 2,641/SqFt

Legal Description

  • Description: LOT 19 BLK 04 CAVEN RIDGE EST SUB NO 1
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Meridian Joint School District 2
  • Lat / Lon: 43.57077 / -116.38877
  • Subdivision: Caven Ridge Estates Sub No 01
  • Property Class: Residential
  • Zoning: R-8
  • County Use Code: 410

Amenities

  • Plus Four: 4949
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Yes
  • Parking: 3

HOA

  • H O A One: $450
  • H O A Amount: $450
  • H O A One Frequency: Semi-Annual
  • H O A One Name: Caven Ridge Estates Hoa Inc
  • H O A One Type: Home Owner Association

Ownership Info

406 E Palermo Dr has no associated ownership info
406 E Palermo Dr has no associated ownership info.

Taxes

406 E Palermo Dr has 8 associated Taxes items

406 E Palermo Dr, Meridian, ID pays taxes in Ada County, ID. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $728,800. The APN we've located for 406 E Palermo Dr is R1322250340.

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Taxes
  • Assessed Value:  $728,800
  • Assessed Year:  2026
  • Assessed County:  Ada
  • APN:  R1322250340
  • Tax Amount:  2513.92
  • Tax Year:  2025
  • Market Value:  728800
  • Market Year:  2026

Tax History

406 E Palermo Dr has 10 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $728,800 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,513.92 Change Rate -0.102537% Assessed CR Tax Rate
Year 2024 Assessed Value $687,700 Land Value Improvement Value Tax Amount $2,801.14 Change Rate -0.019284% Assessed CR Tax Rate +0.004073%
Year 2023 Assessed Value $656,400 Land Value Improvement Value Tax Amount $2,856.22 Change Rate -0.146816% Assessed CR Tax Rate +0.004351%
Year 2022 Assessed Value $755,600 Land Value Improvement Value Tax Amount $3,347.72 Change Rate -0.024881% Assessed CR Tax Rate +0.004431%
Year 2021 Assessed Value $608,700 Land Value Improvement Value Tax Amount $3,433.14 Change Rate +0.080494% Assessed CR Tax Rate +0.00564%
Year 2020 Assessed Value $481,200 Land Value Improvement Value Tax Amount $3,177.38 Change Rate -0.212978% Assessed CR Tax Rate +0.006603%
Year 2019 Assessed Value $473,300 Land Value Improvement Value Tax Amount $4,037.22 Change Rate +3.092634% Assessed CR Tax Rate +0.00853%
Year 2018 Assessed Value $84,500 Land Value Improvement Value Tax Amount $986.46 Change Rate +0.038357% Assessed CR Tax Rate +0.011674%
Year 2017 Assessed Value $77,000 Land Value Improvement Value Tax Amount $950.02 Change Rate Assessed CR Tax Rate +0.012338%